https://www.taxtmi.com/caselaws?id=393484 The Tribunal partially allowed the appeal, deleting the disallowance of interest expenses under Section 14A read with Rule 8D(2)(ii). The issues of administrative expense disallowance and Book Profit computation were remitted to the Assessing Officer for further review, emphasizing the requirement for detailed evidence on the investment decision-making process and the correct application of Section 115JB in accordance with legal precedents. en-us Thu, 27 Feb 2020 00:00:00 +0530 Tue, 17 Mar 2020 11:22:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393484 The Tribunal partially allowed the appeal, deleting the disallowance of interest expenses under Section 14A read with Rule 8D(2)(ii). The issues of administrative expense disallowance and Book Profit computation were remitted to the Assessing Officer for further review, emphasizing the requirement for detailed evidence on the investment decision-making process and the correct application of Section 115JB in accordance with legal precedents. Case-Laws Income Tax Thu, 27 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393484